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Monday, 28 October 2019

The Market Yesterday

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Pharos Holding - http://www.pharosholding.com/

EGP / USD CBE market average: Buy 16.07 | Sell 16.19
EGP / USD at CIB:
Buy 16.08 | Sell 16.18
EGP / USD at NBE: Buy 16.10 | Sell 16.20

EGX30 (Sunday): 14,237 (-0.1%)
Turnover: EGP 381 mn (46% below the 90-day average)
EGX 30 year-to-date: +9.2%

THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 0.1%. CIB, the index’s heaviest constituent, ended down 0.1%. EGX30’s top performing constituents were Orascom Investment Holding up 3.0%, Egyptian Iron & Steel up 2.3%, and Pioneers Holding up 2.3%. Yesterday’s worst performing stocks were Juhayna down 1.1%, Elsewedy Electric down 0.8% and Orascom Construction down 0.3%. The market turnover was EGP 381 mn, and regional investors were the sole net buyers.

Foreigners: Net short | EGP -7.6 mn
Regional: Net long | EGP +10.4 mn
Domestic: Net short | EGP -2.8 mn

Retail: 83.3% of total trades | 82.9% of buyers | 83.6% of sellers
Institutions: 16.7% of total trades | 17.1% of buyers | 16.4% of sellers

WTI: USD 56.66 (+0.8%)

Brent: USD 62.02 (+0.6%)

Natural Gas: (Nymex, futures prices) USD 2.30 MMBtu, (-0.7%, November 2019 contract)

Gold: USD 1,505.30 / troy ounce (+0.0%)

TASI: 7,891 (-0.3%) (YTD: +0.8%)
ADX: 5,148 (-0.3%) (YTD: +4.8%)
DFM: 2,787 (+0.1%) (YTD: +10.2%)
KSE Premier Market: 6,291 (+0.1%)
QE: 10,301 (-0.8%) (YTD: -0.0%)
MSM: 3,986 (-0.1%) (YTD: -7.8%)
BB: 1,527 (+0.1%) (YTD: +14.20%)

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

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